What is an amended tax return and when do I need one? (Video)
What is an amended tax return and when do I need one? If you file a tax return and you find out later that it was wrong for some reason, you can file an amended…
Read More...Alloy Silverstein’s articles and insights are updated weekly. Stay tuned for the latest tips and news on managing your business, the latest tax law, preventing fraud, preparing your taxes, and more.
What is an amended tax return and when do I need one? If you file a tax return and you find out later that it was wrong for some reason, you can file an amended…
Read More...Say you’ve loved dogs all your life, so you decide to start a dog walking, sitting, and training business. Perhaps you have a penchant for using your Cricut machine to personalize gifts. Maybe more and…
Read More...Both your individual tax return AND first quarter estimated tax payment are due by Tuesday, April 18th. Here is what you need to know. First quarter due date: Tuesday, April 18, 2023 The estimated tax payment…
Read More...What is a tax extension and how does it work? Most people really don’t like doing their taxes, and some wait until the very last minute. “Oh, I’ll just get an extension”, they say. Is…
Read More...What is the Kiddie Tax? We’re not talking about taxes on gambling or kids. We’re talking about a special set of rules for what to do if a child has unearned income (like interest, dividends,…
Read More...Is there an age limit on claiming my child as a dependent? It’s important to remember that there were no personal exemptions for dependents through the tax year 2025. It still matters, however, whether or…
Read More...A sad and oft-repeated truth is that half of all new businesses fail within the first five years. Although many factors contribute to business failure, a common culprit is poor cash management. All businesses, large…
Read More...Beginning in 2022, New Jersey has three new tax deductions called the College Affordability Deductions. These deductions will help you if you’re saving for college, if you’re currently attending and paying tuition, or if you’re…
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